The Irish racing world and horseracing followers everywhere were shocked to learn on Tuesday of this week, 14 May, that Westmeath’s top National Hunt racehorse owner Michael O’Leary – the man who has been one of the most successful owners in Irish racing in the past number of years – will not be buying any more young horses for Gigginstown House Stud, where he lives, and will be phasing out his racing team over the next five years.
